Saudi Arabia's Dabbagh Group is planning to sell a 19 percent stake in its lubricants business Petromin ahead of a potential public offering of the unit in 2015, banking sources aware of the matter said on Monday.
Proceeds fro

National Scientific Company (NSC), a subsidiary of Saudi-based Dabbagh Group Holding, will establish a flexible products joint venture (JV) with US-based Greif, a leader in industrial packaging services.
Greif will manage the JV, 50 per ce